Arsip: August 2020

Sarana Menara Nusantara Buyback. A limited liability company engage in investment and telecommunications support services in Indonesia. PT Sarana Menara Nusantara Tbk (TOWR) has begun executing the share buyback. Base on the disclosure of company information. Monday (17/8), TOWR carry out a buyback of 84.93 million shares during the period August 7 to August 13,.

Disney+ Hotstar Telkom Collaboration. Telekomunikasi Indonesia Tbk (TLKM) or Telkom is negotiating with The Walt Disney Company to bring Disney+ Hotstar streaming on broadband internet service, Indihome. This action is expect to be part of the two companies’ strategy to attract as many subscribers as possible in.

Jasa Marga Dominance. Currently, PT Jasa Marga (Persero) Tbk controls the market share of the toll road business by operating 1,165 kilometers of the total 1,527 kilometers of toll road concessions own by the Company. This is equivalent to 55% of the total length of toll roads that have been operating throughout.

PP Properti Bulk Selling. The international rating agency Fitch Ratings has lowered the long-term national rating of PT PP Properti Tbk (PPRO) from BBB- to CCC. Fitch said that the downgrade of PPRO reflected a weak liquidity condition, which could lead to an increase in refinancing.

JSMR Single Lane Free Flow. Until now, Jasa Marga (Persero) Tbk controls the market share of the toll road business. By operating 1,165 kilometers of the total 1,527 kilometers. Of toll road concessions own by the Company. This is equivalent to 55% of the total length of toll roads. That have been operating throughout.

Adira Finance Bonds rating idAAA. The Indonesian Securities Rating Agency (Pefindo) affirms the idAAA rating for the bonds own by PT Adira Dinamika Multi Finance Tbk (ADMF). Which will mature on October 14 2020. The debt securities are Adira Finance’s Series A IV Phase VI / 2019 Sustainable Bonds amounting to Rp 299.

Perusahaan Gas Negara Target. A company engage in the transmission and distribution of natural gas. Perusahaan Gas Negara Tbk (PGN) has begun to expand its business overseas. The proof, this state-own company is targeting the development of liquefied natural gas. Or liquefied natural gas (LNG) to the international.

INDF Fast Moving Consumer Goods. The rapid growth in sales of brand consumer products and the increase in the selling price of crude palm oil (CPO). It will encourage sustainable growth in the financial performance. Of Indofood Sukses Makmur Tbk (INDF IJ) this year. Meanwhile, sales of wheat flour through its subsidiary. Bogasari Flour Mills,.

Astra International Car Sales Increase 108%. Car sales performance under the auspices of Astra International Tbk (ASII IJ). For July 2020 period is still on an upward path compare to previous month. Sales figure manage to increase significantly more than 100% on a monthly.

Tjiwi Kimia Sales Decreased 22%. A multinational paper-producing company headquarter in Jakarta, Indonesia. Pabrik Kertas Tjiwi Kimia Tbk (TKIM IJ) record unsatisfactory performance. During the first six months of 2020. Tjiwi Kimia top line and bottom line were erode by up to double.